Trafigura closes record USD2 billion refined metals refinancing

Geneva, 23rd November 2015 – Trafigura, one of the world’s largest commodities trading firms, has closed the refinancing of the 2010 Trafigura Refined Metals Borrowing Base Facility (“RMBB”) at a record USD2 billion. Trafigura’s flagship borrowing base facility encompasses refined metals receivables and inventory located in over 30 countries globally. The RMBB is structured as a 1-year uncommitted secured facility. The facility provides Trafigura with liquidity at a competitive price for working capital financing needs.

The facility was first implemented in 2010 at USD 1.02 billion and has grown substantially since to become a USD2 billion, 16 bank syndicate in 2015. Deutsche Bank acted as coordinating bank, facility agent, security agent and account bank. In addition to Deutsche Bank, Standard Chartered Bank, Société Générale, Natixis, Mizuho Bank, Ltd, Crédit Agricole (Suisse) S.A.; DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main; The Bank of Tokyo-Mitsubishi UFJ, Ltd.; Oversea Chinese Banking Corporation Limited; Commonwealth Bank of Australia; Rabobank; KfW IPEX-Bank GmbH; DBS Bank Ltd., London Branch; Citi; Westpac Banking Corporation and Commerzbank Aktiengesellschaft, London Branch joined the facility as Original Lenders.

Laurent Christophe, Head of Corporate Finance for Trafigura said: “We are delighted that the facility which is the cornerstone of financing for our metal trading business continues to grow and that a number of new banks having joined this year.”

“Deutsche Bank is proud to have coordinated and arranged this transaction which demonstrates the Bank’s strong focus to deliver global solutions to global partners,” Michael Spiegel, Global Head Trade Finance and Cash Management for Corporates, Global Transaction Banking, Deutsche Bank.

ENDS

For further information please contact:

Trafigura’s Global Press Office: +41 22 592 4528 or media@trafigura.com

Notes to editors

Founded in 1993, the Trafigura Group has become one of the world’s leading independent commodity traders, specialising in the oil, minerals and metals markets. The company has achieved substantial growth in recent years, growing revenue to USD127.6 billion in 2014. Primary trading activities are the supply and transport of oil and petroleum products and metals and minerals. The trading business is supported by industrial and financial assets including global oil products distribution company Puma Energy; joint venture company DT Group; global terminals operator Impala; Trafigura’s Mining Group and Galena Asset Management. The Trafigura Group is owned by 600 of its 5,300 employees who work in 36 countries around the world. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. www.trafigura.com